The trading volume of BTC perpetual contracts between Binance and Bybit has dropped to a three-year low, and leverage risk remains high

[Standard Chartered Bank's Anchorpoint Launches HKDAP Hong Kong Dollar Stablecoin Issuance] According to The Block, Anchorpoint, a subsidiary of Standard Chartered Bank, officially launched the first phase of HKDAP Hong Kong Dollar stablecoin issuance on Wednesday, granting test access to institutional distributors and professional investors. Anchorpoint was jointly established by Standard Chartered Bank, HKT, and Animoca Brands, and obtained a stablecoin issuance license from the Hong Kong Monetary Authority (HKMA) in April this year, becoming one of the first licensed entities.

The CFTC provides regulatory exemptions for the New York prediction market platform Kalshi. （Decrypt）

Goldman Sachs plans to acquire ETF provider Neos Investments for up to $2.25 billion, in a transaction that will supplement Goldman Sachs' option income ETF business. Goldman Sachs' ETF asset size is expected to increase to approximately $130 billion.

[Alameda Research Transfers $8.25 Million SOL to BitGo] According to monitoring by Arkham, an Alameda Research-associated address transferred $8.25 million SOL to a BitGo custody wallet through 24 transactions. Alameda currently still holds over $200 million worth of SOL.

CryptoOnchain analysis points out that the low activity of the Ethereum network and the outflow of stablecoins have created the preconditions for historic oscillations and structural rebalancing. （CryptoQuant）